ITC DIA Europe

Chubb makes new appointment to focus on climate

Written by Merlin Beyts - ITC DIA Europe on May 15, 2023

Insurance giant Chubb has appointed Tim Charters as the climate tech practice leader for the UK and Ireland (UKI) region, further strengthening its Chubb Climate+ leadership team.

Charters, who previously served as a corporate finance advisor for the UK government’s Department for Business, Energy, and Industrial Strategy (BEIS) since 2019, brings years of experience in the energy and renewables industry. His background working in energy efficiency and innovation roles at BEIS, as well as his involvement with a renewable start-up, provide him with valuable insights into the sector.

In his new role as climate tech practice leader, Charters will be based in London and report to Louise Joyce, head of industry practices, UK and Ireland at Chubb. He will be responsible for expanding Chubb’s underwriting portfolio and creating innovative solutions to support Climate Tech companies in their efforts to mitigate the impact of climate change. This includes promoting the efficient and sustainable use of resources, products, services, and technologies that facilitate the transition to a low-carbon economy.

Chubb Climate+ launched earlier this year, offering a full range of insurance products and services to businesses involved in developing or employing new technologies and processes to support the transition to a low-carbon economy. The initiative also provides risk management and resiliency services to help individuals and organizations manage the impact of climate change.

Matt Hardy, leader of Chubb Climate+ for the company’s general insurance operations in 51 countries and territories outside the U.S., Canada, and Bermuda, expressed his excitement about Charters’ appointment. Hardy believes Charters’ experience in the energy and renewables industry will provide fresh perspectives and insights that will contribute to the growth of Chubb’s Climate Tech business in the UKI region.

Louise Joyce, head of industry practices, UK and Ireland at Chubb, expressed her pleasure in welcoming Tim Charters to the team. She emphasized that his background as an advisor on energy and climate to the UK government, along with his direct involvement in the renewables and energy innovation sector, gives him a unique skill set that will benefit Chubb’s Climate Tech Practice clients and broker partners.

Tim Charters’ appointment is effective immediately, highlighting the urgency of strengthening Chubb’s Climate Tech division and supporting companies in their climate change mitigation efforts.


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